McCutchen Group LLC Buys iShares Core MSCI EAFE, iShares Core S&P Small-Cap, iShares Core S&P Mid-Cap, Sells iPath Bloomberg Commodity Index Total Return ETN

• New Purchases: IJR, IJH, VO, ONEQ, VTV,
• Added Positions: VNQ, VEA, VWO, VTI, BSV, BND, IEMG, IEFA, USRT, SPY, IWM, IYR, ICF,
• Reduced Positions: DJP, IXUS, IVV,

For the details of McCutchen Group LLC's stock buys and sells, go to https://www.gurufocus.com/guru/mccutchen+group+llc/current-portfolio/portfolio

1. Vanguard FTSE Developed Markets (VEA) - 1,563,132 shares, 21.29% of the total portfolio. Shares added by 4.82%
2. Vanguard FTSE All World Ex US (VEU) - 903,633 shares, 15.10% of the total portfolio. Shares reduced by 0.25%
3. Vanguard Real Estate (VNQ) - 510,609 shares, 14.79% of the total portfolio. Shares added by 9.86%
4. Vanguard Total Stock Market (VTI) - 232,357 shares, 11.20% of the total portfolio. Shares added by 4.66%
5. iShares Russell 3000 (IWV) - 154,051 shares, 8.56% of the total portfolio. Shares added by 0.12%

McCutchen Group LLC initiated holding in iShares Core S&P Small-Cap. The purchase prices were between $68.34 and $81.18, with an estimated average price of $76.72. The stock is now traded at around $80.04. The impact to a portfolio due to this purchase was 0.16%. The holding were 6,406 shares as of .

McCutchen Group LLC initiated holding in iShares Core S&P Mid-Cap. The purchase prices were between $162.83 and $193.4, with an estimated average price of $184.41. The stock is now traded at around $197.10. The impact to a portfolio due to this purchase was 0.15%. The holding were 2,350 shares as of .

McCutchen Group LLC initiated holding in Vanguard Mid-Cap. The purchase prices were between $135.03 and $161.84, with an estimated average price of $153.61. The stock is now traded at around $166.26. The impact to a portfolio due to this purchase was 0.11%. The holding were 2,100 shares as of .

McCutchen Group LLC initiated holding in Fidelity Nasdaq Composite Index Tracking Stock. The purchase prices were between $253.18 and $307.37, with an estimated average price of $287.42. The stock is now traded at around $318.15. The impact to a portfolio due to this purchase was 0.1%. The holding were 1,000 shares as of .

McCutchen Group LLC initiated holding in Vanguard Value. The purchase prices were between $96.19 and $109.3, with an estimated average price of $105.18. The stock is now traded at around $110.58. The impact to a portfolio due to this purchase was 0.07%. The holding were 2,000 shares as of .

McCutchen Group LLC added to a holding in iShares Core MSCI EAFE by 31.56%. The purchase prices were between $54.44 and $61.46, with an estimated average price of $58.96. The stock is now traded at around $62.48. The impact to a portfolio due to this purchase was 0.18%. The holding were 38,030 shares as of .

McCutchen Group LLC added to a holding in SPDR S&P 500 by 62.46%. The purchase prices were between $244.21 and $284.73, with an estimated average price of $271.34. The stock is now traded at around $292.87. The impact to a portfolio due to this purchase was 0.09%. The holding were 2,445 shares as of .

McCutchen Group LLC added to a holding in iShares Russell 2000 by 70.90%. The purchase prices were between $132.25 and $158.24, with an estimated average price of $150.07. The stock is now traded at around $157.93. The impact to a portfolio due to this purchase was 0.07%. The holding were 3,206 shares as of .